2 ms·
I think it’s cultural. The US places a lot of value on striving out and doing new things. It’s a frontier culture. Older cultures tend to be more conservative.
by api 4y ago
I think it’s cultural. The US places a lot of value on striving out and doing new things. It’s a frontier culture. Older cultures tend to be more conservative.
You can see this effect inside the US. The most “business friendly” states often do not lead in entrepreneurship because they’re culturally more conservative.
- starkd 4y agoI disagree. Texas has been one of the fastest growing economies in the states. With a lot of technology companies.
- api 4y agoTexas isn't the lowest tax or lowest regulation state, though it's a bit lower than California. I also think the cultural thing is obvious there. Texas is very pro-entrepreneurship generally.
- kortilla 4y agoTexas has no income tax, very little government owned land, no zoning in some places, etc. It’s laughable that you try to put it in the “bit lower than California” category. Texas is basically the opposite approach to governance than California.